Mount Morris Estate Lawyer, Michigan, page 3

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Jamie R. Ryke
About | Practice Areas
Thav, Ryke and Associates, Attorneys at Law
24725 W 12 Mile Rd Suite 110 Southfield, MI 48034» view map
Estate Law
Lawyers Who Treat You Like Family

We have achieved a reputation for solving complex probate matters and as a result, practice and have clients throughout the great state of Michigan.

800-707-6901
1. Jamie R. Ryke Southfield, MI
  Attorney at Law - MI, 1997
  St. Thomas University J.D. 1996
2. AboutThav, Ryke and Associates, Attorneys at Law
  Lawyers Who Treat You Like Family
3. Practice AreasExpertise
  Estate Law
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Lori A. Tallman

Divorce & Family Law, Estate, Real Estate, Wills & Probate

Status: Licensed: 35 Years

CONTACT

9011 Davison Rd, Davison, MI 48423

Erica Leigh Weiss

Estate

Status: Licensed: 13 Years

CONTACT

503 S Saginaw St, Flint, MI 48502

Sonja Markwart

Estate, Family Law

Status: Licensed: 17 Years

CONTACT

601 S. Saginaw #214, Flint, MI 48502

Robert Brace Reid

Real Estate, Health Care, Estate, Employment

Status: Licensed: 30 Years

CONTACT

307 E Court St, Flint, MI 48502

Julie A. Jacot

Estate Planning, Estate

Status:

CONTACT

215 W Flint St, Davison, MI 48423

Sean Paul O'Bryan

Other, Trusts, Estate Planning, Elder Law

Status:

CONTACT

315 N Main St, Davison, MI 48423

Joel I. Kleiner

International, Gift Taxation, Estate Planning, Estate

Status: Licensed: 56 Years

CONTACT

1508 Linwood Ave, Flint, MI 48503

Martin A Tyckoski

Real Estate, Wills & Probate, Trusts, Elder Law

Status: Licensed: 54 Years

CONTACT

624 S Grand Traverse St, Flint, MI 48502

Margaret Brandenburg

Trusts, Guardianships & Conservatorships, Elder Law, Discrimination

Status: Licensed: 30 Years

CONTACT

717 S Grand Traverse St, Flint, MI 48502

Kay F. Behm

Family Law, Estate Planning, Children's Rights, Labor Law

Status: Licensed: 31 Years

CONTACT

900 S Saginaw St, Flint, MI 48502

800-814-6700

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LEGAL TERMS

SURROGATE COURT

See probate court.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

SAMPLE LEGAL CASES

In re Kostin Estate

In Docket No. 272767, respondent Camille A. Kent appeals as of right the probate court's judgment and order following a bench trial, interpreting a will and trust, determining heirs and devisees, and determining title to property after decedent Juanita Kostin's death in 2004. ...

In re Nestorovski Estate

723 Payne, Broder & Fossee (by Andrew J. Broder) and Underwood & March (by Lauren M. Underwood), Bingham Farms, for the petitioner. ... Kemp Klein Law Firm, PC (by Alan A. May and Debra Nance), Troy, for the respondent. ... Before: SAAD, CJ, and BORRELLO and ...

In re Rudell Estate

During her lifetime, the decedent owned a certain parcel of residential real property located at 1170 Chesterfield in Birmingham, Michigan (the property). In 1982, the decedent properly transferred ownership of the property to the trust. According to the complaint filed in this matter, the ...

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Mount Morris Estate Lawyer, Michigan, page 3

Sponsored Law Firm

Thav, Ryke and Associates, Attorneys at Law

SPONSORED LAWYERS

Lori A. Tallman

Erica Leigh Weiss

Sonja Markwart

Robert Brace Reid

Julie A. Jacot

Sean Paul O'Bryan

Joel I. Kleiner

Martin A Tyckoski

Margaret Brandenburg

Kay F. Behm

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LEGAL TERMS

SURROGATE COURT

STATUTORY SHARE

TRUSTEE

AB TRUST

GENERATION-SKIPPING TRANSFER TAX

DISCHARGE (OF PROBATE ADMINISTRATOR)

ANCILLARY PROBATE

PUBLIC ADMINISTRATOR

ACCUMULATION TRUST

SAMPLE LEGAL CASES

In re Kostin Estate

In re Nestorovski Estate

In re Rudell Estate

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